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The Nantucket Life

31 Western AvenueNantucket MAPrice: $4,500,000

  • Price: $4,500,000
  • 37 Days on Market
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Federal 30-year interest rate: 2.87% last updated on Sep 17, 2020
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $4,500,000List Price
  • 2Bedrooms
  • 4Bathrooms
  • 0.7134Acreage

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Known locally as the Star of the Sea and most recently operated as a Youth Hostel, the main structure was built as a Life Saving Station in 1873 and is situated on a stunning oversized parcel of land with Ocean views and a public path to the beach directly across the street.The property is listed on the National Register of Historic Places, is considered a National Historic Landmark as it is a rich contributor to Nantucket's remarkable maritime history and reminder of the brave individuals who courageously served this station. Altogether there are 4 structures on site; the main structure, notable for its Victorian Gothic architectural style, a second dormitory style structure (originally a stable), a studio cottage (formally a storage building and privy), as well as a finished storage building with loft. The property has a commercial kitchen and large septic capacity supporting future use as a private residence, dormitory housing, guest house with dining capabilities. Significant to Nantucket's history, the property is protected by a preservation easement with the Town of Nantucket to ensure the exterior facades remain intact, and proper stewardship of the property moving forward. Property is occupied for the entire summer-ALL VIEWINGS require ADVANCE NOTICE. Seller accepting all bids to be reviewed September 1, 2020.

Property Details of 31 Western Avenue

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Listed by Mary Taaffe of Maury People Sotheby's International Realty

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